Card skimming crimes are on the rise, with each skimmer accounting for up to $1million dollars worth of fraud, and according to the U.S. Secret Service, thefts from ATM skimmers now total more than $1 billion per year. Symbol’s cohesive IoT-tied solutions resolve card-skimming problems of gas/petrol stations and Automated Teller Machines (ATM) users around the globe.
Trust in governments and businesses was already strained heading into 2020, but the global pandemic has ripped trust in two different directions. The pandemic shows that trusting others with information and media control can protect us, but information control can also be used against us. As targeted social media and fake video technology further erodes trust, blockchain technology is becoming a promising tool to help replace it. Symbol blockchain is an especially practical and efficient way to ensure that any file or data is authentic and hasn’t been tampered with. It has potential uses in online IDs, source verification, and all kinds of information media.
Data management and security are critical issues for nearly every company today, and their importance is accelerating with no end in sight. How can a company make sure high value company and user accounts are protected from both external and internal misuse? How can they ensure that one security breach won’t compromise all their other data? How can they ensure that security features aren’t so inconvenient that users ignore them?